Side-by-side comparison of Savannah, GA and Atlanta, GA — cap rates, rent, prices, and investment metrics.
Cash flow: Savannah has the edge with an estimated cap rate of 4.07% compared to Atlanta's 3.77%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $345,000 in Savannah vs $375,000 in Atlanta, while rents come in at $1,780/mo and $1,810/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Atlanta is growing faster at 1.3% annually vs Savannah's 1.2%. Atlanta leads on home value appreciation at 3.7% per year.
Costs & risk: Property taxes are 0.96% in Savannah vs 0.92% in Atlanta. Vacancy rates of 5.8% and 5.3% are both healthy, suggesting strong tenant demand in both markets.
Entry point: Savannah offers a lower entry at $345K vs Atlanta's $375K — a difference of $30K. With a 20% down payment, that's $69K vs $75K. Savannah combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Atlanta edges out Savannah on most key metrics. While cap rates are moderate at 3.77%, Atlanta's overall profile is stronger. Use our free calculators to model specific deals in Savannah or Atlanta.